Determinants of financial resilience: Insights from an emerging economy (Record no. 525074)

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Personal name Hamid, Fazelina Loke, Yiing Jia and Chin, Phaik Nie
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Title Determinants of financial resilience: Insights from an emerging economy
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc Journal of Social and Economic Development
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Extent 25(2), Dec, 2023: p.479-499
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Summary, etc The Organisation for Economic Co-operation and Development Financial Literacy Survey of 2018 response is used to study the impact of financial knowledge, financial inclusion, and socio-demographic characteristics on financial resilience. The measurement of financial resilience considers elements related to keeping control of money, taking care of expenditures, having a financial cushion, handling financial shortfall or stress, and having financial planning. Using a sample of 3395 individuals across Malaysia, we find that greater financial knowledge is associated with the probability of being financially resilient. Greater financial inclusion in terms of having more bank accounts and holding more financial products is linked to the probability of being financially resilient. We also find that financial resilience varies across certain socio-demographic characteristics. Implications of the findings are discussed.
• https://link.springer.com/article/10.1007/s40847-023-00239-y
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Main entry heading Journal of Social and Economic Development
906 ## - LOCAL DATA ELEMENT F, LDF (RLIN)
Subject DIP ECONOMIC DEVELOPMENT
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Item type Articles
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Permanent location Current location Date acquired Serial Enumeration / chronology Barcode Date last seen Koha item type
          Indian Institute of Public Administration Indian Institute of Public Administration 2024-02-09 25(2), Dec, 2023: p.479-499 AR130906 2024-02-09 Articles

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